Legal Profession Act 1987 No 109
Historical version for 22 November 2002 to 5 December 2002 (accessed 26 May 2013 at 04:27) Repealed version
Part 8Section 108

108   Investment of money by receiver

(1)  A receiver may invest money that is receivable property in any manner in which trustees are authorised by the Trustee Act 1925 to invest trust funds.
(2)  Income received from an investment under subsection (1), and any profit made on the sale of such an investment, is receivable property.
Top of page